Exelon

Exelon Corporation is a leading utility services holding company based in Chicago, Illinois, primarily focused on energy generation and marketing across the United States and Canada. The company operates a diverse portfolio of generating facilities, including nuclear, fossil, wind, hydroelectric, biomass, and solar power. It provides electricity and natural gas to both wholesale and retail customers, along with renewable energy products and various energy-related services. Additionally, Exelon is involved in the regulated retail sale of electricity and natural gas, as well as the transmission and distribution of these resources in key regions, including northern Illinois and southeastern Pennsylvania. With a customer base exceeding 10 million, Exelon serves a wide array of clients, including distribution utilities, municipalities, cooperatives, and commercial, industrial, governmental, and residential sectors. Founded in 1999, Exelon has established itself as a major player in the energy industry, operating through multiple segments across various regions.

Douglas Brown

Senior Vice President and Chief Investment Officer

Lindsay Cox

Senior Investor Relations Analyst

Christopher M. Crane

President and Chief Executive Officer

Emily Duncan

Vice President, Investor Relations

Daniel Eggers

Senior Vice President, Investor Relations

Robert Andrew Ierardi

Managing Director, Private Markets

Drew Ierardi

Managing Director, Private Markets

Rachel Isbell

Senior Manager, Investor Relations

Joseph Nigro

Senior Executive Vice President and Chief Financial Officer

Onathan Thayer

Senior Executive Vice President and Chief Financial Officer

9 past transactions

ClearTrace

Series B in 2022
ClearTrace is a software company that provides automated energy and carbon accounting for investors, enterprises, and real estate owners. Its digital assets represent the purest form of proof and immutability for the real-world impact of energy generation and consumption. ClearTrace allows companies to stand behind their claims of carbon reductions, sustainability, and renewable energy to prevent greenwashing and provide a source of truth for corporate decarbonization. The company was founded in 2017 and is headquartered in Austin, Texas.

Rolls-Royce

Post in 2021
Rolls-Royce is an industrial technology company based in London, United Kingdom, that specializes in integrated power and propulsion solutions across various sectors. Founded in 1884, it operates through four main divisions: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace division focuses on developing and providing aero engines for commercial aircraft, regional jets, and business aviation, alongside aftermarket services. The Power Systems division delivers reciprocating engines and power generation systems for marine, defense, and industrial applications. The Defence division supplies military aero engines and naval propulsion systems, including submarine nuclear power plants. Additionally, ITP Aero is involved in the design, manufacture, and maintenance of aeronautical engines and gas turbines. Rolls-Royce also includes Rolls-Royce Fuel Cell Systems Limited, which develops solid-oxide fuel cell systems for megawatt-scale power generation.

Lula Convenience

Seed Round in 2021
Mission: Lula helps make existing inventories mobile to meet customer’s instant needs. At the center of our heart is sustainability: to deliver happiness while saving our planet. Vision: At Lula, we’re inspired by a single goal: empowering every store to deliver locally. We will modernize stores to enable their goods to be delivered to people that need items at a moment’s notice. We will make sure every need is met reliably and as fast as possible with the best customer experience in the world.

Dynamhex

Seed Round in 2021
Dynamhex operates an emission monitoring platform that provides detailed insights into energy consumption data for individuals, corporations, and government entities. The platform enables users to measure their emission footprints and develop effective reduction strategies aligned with science-based targets. By employing geospatial analytics and advanced visualization techniques, Dynamhex helps city governments and businesses make informed, environmentally responsible decisions. This functionality supports climate leaders in their efforts to combat climate change by facilitating timely and data-driven decision-making.

Dynamhex

Pre Seed Round in 2020
Dynamhex operates an emission monitoring platform that provides detailed insights into energy consumption data for individuals, corporations, and government entities. The platform enables users to measure their emission footprints and develop effective reduction strategies aligned with science-based targets. By employing geospatial analytics and advanced visualization techniques, Dynamhex helps city governments and businesses make informed, environmentally responsible decisions. This functionality supports climate leaders in their efforts to combat climate change by facilitating timely and data-driven decision-making.

Measurabl

Series B in 2019
Measurabl, Inc. develops a cloud-based software that collects data, creates investment-grade sustainability reports, and alerts clients to improvement opportunities. The company offers Measurabl, a software solution for helping companies to collect, report, and act upon non-financial data. Its solution enables clients to collect utility, waste, and travel data; create, export, and e-File investment-grade reports on demand; and benchmark performance and spot opportunities to improve. The company was founded in 2013 and is based in San Diego, California.

NET Power

Funding Round in 2014
NET Power, LLC owns and operates a natural gas power plant. The company engages in developing and commercializing technologies for gas-fired power generation. It offers carbon dioxide and oxyfuel power cycle that produces electric power with no air emissions. The company was incorporated in 2010 and is based in Durham, North Carolina. NET Power, LLC operates as a subsidiary of McDermott International, Inc.

Pepco Holdings

Acquisition in 2014
Pepco Holdings, Inc. is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 2 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides energy efficiency and renewable energy services through Pepco Energy Services.

Constellation

Acquisition in 2011
Constellation is a producer of carbon-free energy that offers a range of home services and energy plans, including solutions for heating, cooling, plumbing, and energy efficiency upgrades. The company provides services and repairs for various appliances and HVAC systems, catering to both residential and commercial customers. In addition to its home services, Constellation is a significant supplier of energy products and services to wholesale and retail electric and natural gas customers. With a diversified fleet of generating units across the United States and Canada, totaling around 9,000 megawatts of capacity, the company is also actively involved in developing new nuclear plants. Furthermore, Constellation Technology Ventures invests in innovative energy technologies and business models, supporting growth in the energy sector by offering capital, management expertise, and connections within the broader energy landscape.
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